Economic Concepts Exam Review

Economic Concepts Exam Review

6th Grade

22 Qs

quiz-placeholder

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Economic Concepts Exam Review

Economic Concepts Exam Review

Assessment

Quiz

History

6th Grade

Medium

Created by

Marysol Alatorre

Used 23+ times

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22 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

How do mixed economies and free enterprise decide what to produce?

They look in their fridge

supply and demand

They get told what to produce by mom

Labor

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Profit Motive drives a ___________ system

traditional

communist

free enterprise

stinson

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Based on the chart who has a lower quality of life that country B?

A

C

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Name the system that fits the following description BEST:

A system of shared ownership of resources which provide a more equal distribution of goods and services.

Traditional Economy

Socialist

Communist

Free Enterprise

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Name the system that fits the following description BEST:

A system based on the culture and traditions of the past.

Traditional Economy

Socialist

Communist

Free Enterprise

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Name the system that fits the following description BEST:

A system characterized by private (citizen) ownership of businesses and property (also referred to as capitalism)

Traditional Economy

Socialist

Communist

Free Enterprise

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Name the system that fits the following description BEST:


A system in which the government is in complete control of the economy.

Traditional Economy

Socialist

Communist

Free Enterprise

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